Grupo Catalana Occidente, S.A. Reports Earnings Results for the First Quarter Ended March 31, 2023
April 27, 2023 at 02:02 pm EDT
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Grupo Catalana Occidente, S.A. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported revenue was EUR 1,794.2 million compared to EUR 1,630.9 million a year ago. Net income was EUR 142.1 million compared to EUR 132.4 million a year ago.
Grupo Catalana Occidente SA is a Spain-based company engaged in the insurance and reinsurance sectors. The Company's activities are divided into three business segments: Life insurance, Non-life insurance and Others. The Life insurance division offers insurance policies related to health and life coverage. The Life insurance division provides property, vehicle, home, casualty and credit guarantee insurance, among others. The Others division includes services offered by Atradius NV, such as credit insurance and reinsurance, financial advisory and debt collection. The Company operates through Grupo Previsora Bilbaina, Azkaran SL, Seguros Catalana Occidente Sociedad Anonima de Seguros y Reaseguros, Grupo Compania Espanola de Credito y Caucion SL and Bilbao Compania Anonima de Seguros y Reaseguros SA, among others. The Company is a subsidiary of Inoc SA.
GRUPO CATALANA OCCIDENTE, S.A. 
